Debate House Prices


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Surveyors predicting sizeable price increases

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Comments

  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    MARTYM8` wrote: »
    Does anyone consider the wider economic impacts.

    If no one is moving/people can't afford to move doesn't that rather limit labour market flexibility?

    This isn't just an issue for first time buyers - it affects those trading up/down. You can't sell your house if you can't find anywhere to buy - cos nothing is available.

    Bar the rising house prices issue - its just also very dysfunctional! Cos no one of course can realise the value of their own house if they can't sell it - cos they can't buy anywhere to live.

    You've totally lost me - what's your point?
    Left is never right but I always am.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Mallotum_X wrote: »
    Nelson in Lancs is a must-visit place for your tour. Possibly even on a day trip from Wigan Pier.

    Sounds like a winner.

    Does it have a crap pub selling bad roasts/dried up sandwiches?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    MARTYM8` wrote: »

    If no one is moving/people can't afford to move doesn't that rather limit labour market flexibility?

    Population is aging. Retired people are far less likely to move.
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